Happy Saturday friends! Quite a week its been!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!
Market Update
Crypto (from @CryptoBubbles24):
Gold: $2082.55
Oil (WTI): $79.97
US 10Y Treasury: 4.186%
Stocks ($SPY as proxy): +0.94%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our friends at @silentdao_ keep working diligently behind the scenes to develop a truly revolutionary solution to the issue of on-chain privacy…
Our editor @rektdiomedes has been helping bang the drum about what @silentdao_ have been building, and the architecture being developed is intended to permanently change the defi landscape.
Once again, Silent is a middle-ware privacy/encryption project designed to facilitate composable privacy solutions within the EVM itself... Make sure to follow the official @silentdao_ Twitter account so you don’t miss any important updates!
Biggest TVL Movers + Else
Chains are mostly green today. Top 25 chains up at least 20% on the weekly include Solana (#5), Bitcoin (#6), PulseChain (#11), Base (#13), Cardano (#14), Aptos (#17), and Celo (#25).
Protocols are mixed today. Protocols with at least $100M TVL up at least 50% on the weekly include Kinza Finance, Parcl, Renzo, Merlin’s Seal, and Aerodrome.
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Revenue (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new/newish called @MorpheusAIs. Twitter bio states “Network for d/acc builders of open source smart agents”. Followed by 119 of our mutuals. h/t @Beacon_Early:
-New project called @WorldEngineGG. Twitter bio states “Seed of a new world. An onchain game engine, built for devs with ambition. (world/acc)”. Followed by 14 of our mutuals. h/t @AresLabs_xyz:
-Mysterious new project called @sophonxyz. Twitter bio states “Sophon is a ███████ ███████████ on █████, leading us all towards a brighter future.” Followed by 46 of our mutuals. h/t @AresLabs_xyz:
-Previously-mentioned @Blast_L2 dex @ThrusterFi has been added to @DefiLlama. Twitter bio states “To Blast off, we need Thrust | @Blast_l2 's core liquidity and fair launch DEX layer, backed by DeFi's best”. Followed by 167 of our mutuals.
-Previously-mentioned @Blast_L2 lending platform @Juice_Finance has been added to @DefiLlama. Twitter bio states “A disruptive Cross-Margin DeFi account to maximize points and yields. Built on @blast_L2 by the @Omega_Infra team.” Followed by 69 of our mutuals.
-Previously-mentioned @Blast_L2 lending platform @pac_finance has been added to @DefiLlama. Twitter bio states “The first self-repaying lending and margin trading protocol on @Blast_L2. Big Bang winner. 100% of Blast developer points & more airdropped to early adopters.”. Followed by 19 of our mutuals.
Security Alerts
-Daily Reminder: Twitter (and other social media) is being absolutely inundated with scams and links to fake versions of popular defi protocols - please make sure to be EXTREMELY hyper-vigilant and triple-check before interacting with anything!
-No security alerts today.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Meme coins like $PEPE, $WIF, and $SHIB all absolutely mooning, h/t @DegenerateNews:
-S&P 500 at all-time high’s, h/t @KobeissiLetter:
-Some bullish ETF thoughts/speculation c/o @zerohedge:
-Ticker alfa/analysis from @Prithvir12:
-Interesting macro tweet/observation from @FedGuy12 Joseph Wang:
-Update/thoughts on the VC side of things in crypto, h/t @santiagoroel:
-Great thread of summaries/alfa on a bunch of new projects from @eli5_defi:
-Airdrop alfa c/o @Joshyysmartt:
-Problems among smaller/regional banks in US still generating quite a bit of attention in macro circles, h/t @zerohedge:
-Extremely good thread + longer-form article from @alpha_pls on AI sector:
-More wisdom from @BowTiedNightOwl:
-New roundtable on crypto + AI from @theempirepod featuring @pythianism, @MikeIppolito_, and @im_manderson:
-New episode of @0xSteadyLads podcast:
-New episode of @thebellcurvepod featuring @JasonYanowitz and @santiagoroel discussing the nascent bull market and past cycles:
-Parting wisdom from @pancakesbrah:
Conclusion
Happy Saturday good degens! Don’t forget to touch some grass this weekend!
And please RT/subscribe/etc if you found this valuable!
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***Note On Material: The ‘Spotlight’ section (and ‘Note’ sections and info on our Official Monthly Sponsor if applicable) are the only parts of The Daily Degen that are sponsored/promotional. Everything else is chosen 100% organically based on what info/stories/etc seem likely to be the most newsworthy/important/valuable to readers.